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    115 Main St Osage, IA 50461

    For Sale
    $579,000

    Profitable Eatery & Pub - Turnkey Operation

    Property size:
    6,409 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional turnkey business opportunity in Osage, IA, presents a rare chance to acquire a thriving multi-faceted establishment. Located at 115 Main Street, this 6,409 square foot property sits on a 0.76-acre lot, boasting a prime highway location with ample parking and a convenient drive-through/take-out lane. The building features a spacious dining room with seating for over 100 patrons, a separate ice cream/coffee shop with additional seating, and a full bar equipped with chilled beer tappers. A state-of-the-art kitchen and extensive food preparation equipment are included, ensuring seamless operation. The property also includes indoor and basement storage areas, an outdoor garage, a carport, and a separate shop/storage/retail building, offering significant versatility and expansion potential. The expansive covered, finished concrete, fenced patio provides additional outdoor seating and ambiance. The well-appointed bathrooms add to the overall comfort and convenience. The asking price of $579,000 includes all real estate, equipment, and fixtures, presenting a complete and profitable business package ready for immediate operation. This is a truly unique opportunity to own a well-established and successful business in a desirable location.

    Property Features for 115 Main St

    General Information

    Property type
    Retail properties
    Square Feet
    6,409 SF
    Lot Size
    33,106 SF

    Building Details

    Year Built
    1996
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kwik Serve & Locals ... Bar & Grill Maple Leaf on Main Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Osage
    County
    Mitchell
    State
    Iowa
    Longitude
    -92.82087
    Latitude
    43.28438

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    FAQs

    What type of property is this?
    Retail property - Profitable Eatery & Pub - Turnkey Operation
    Where is this retail property located?
    The property is located at 115 Main St Osage, IA.
    What is the asking price?
    The asking price for this property is $579,000.
    (641) 732-3337
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    115 Main St Osage, IA 50461
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    115 Main St Osage, IA 50461
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